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Topic: Going all in and losing the bet - page 7. (Read 2487 times)

hero member
Activity: 2772
Merit: 588
Leading Crypto Sports Betting & Casino Platform
April 13, 2024, 09:38:43 AM
Well, that's what happens when you are losing. It's always going to be biased towards yourself and not how it would work. I'm pretty sure that if you have played different games that are like this, it would be common to experience this. Maybe just lay back and not go all in. Even if it's on the "sure or high-chance" of winning" still manage your risk so you won't get emotional.
Like I always recon, most gambling activities are based on luck and sometimes luck isn't always on our side therefore making us lose. And a funny thing to note is how most gamblers are always confident some of their stakes will come out a win but unfortunately it doesn't always that way even in cases where they may have placed huge stakes hoping for bigger returns.
Therefore as a responsible gambler you should be able to manage both you funds and time. Now when it comes to fund management, a gambler should have a target maximum spending amount for every week. Meaning you should stop staking once you have hit that maximum amount. This would help you prevent unnecessary staking and thus help you control and manage the money you spend while gambling.
Confidence works in sports betting where the person who placed the bet can be confident about their choice because they know they have enough knowledge about the game or the sport and they know that the chances of the team they have chosen winning the game are high. When we talk about gambling games, there is no point in being confident because you never know what the outcome might be as the results are based on your luck and not how confident you are.

This is why a person needs to make sure that they are only betting what they can afford to lose when they are playing gambling games, going all in isn't a good choice as a single loss means you have lost everything when you already know the chances of losing are higher than you winning.
sr. member
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April 13, 2024, 09:23:27 AM

The chances of losing a bet is always higher than that of winning and the mistake people make is thinking that it's vise versa. Because that's the only reason why someone will even consider the option of going all in. Another thing is greed, seeing the possibility of multiplying your bankroll in just one bet, and seeing that risk worth taking, well they should also be prepared for the disappointment that comes later because the chances of loss is there and they should know it.

That is a great truth, but I think people do it unconsciously because when they do it and they are in front of a casino, their chances of winning increase, or their thoughts grow too much towards the positive, and it may be that this thinking blinds them to reality and the reason for things, that is why we must always assume things with the true way of seeing this, games of chance, betting, we must always assume that first we will lose and second that we have to be very aware that how much money We are willing to sacrifice, it is not easy to lose money, that hurts, no one likes to lose money even if they have a lot.


Indeed, gambling is undoubtedly a combination of both psychology and probability. People should always keep these two factors in check because The results are always disastrous and fatal  when people allow sentiments and their emotions to overcloud their judgement when gambling, this causes some gamblers to become too optimistic about the result and outcome of the games thereby paying less attention to the presence and important of probability in gambling, this is often what makes them take certain uncalculated risks without first thinking about the potential consequences attached if the outcome of the game goes contrary to their predictions.
hero member
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April 13, 2024, 08:31:52 AM
Then I have all sorts of thoughts blaming casino, like do they manipulate the result of the game when user goes all in. I am sure they are all fair, it's just that the possibility of losing the game may be minimal but it's never 0.
High expectation to win push you to question if it's provably fair just because you go all in and lose. That's not unusual for gamblers to think that way everytime we're in unfortunate situation. However keep in mind the risk when you started to use your money to bet.

You can never be certain, the reason why we should not expect to win because losing is inevitable even in a point that you're confident with the possible result that's why you go all in.
Gamblers will always have high hopes of winning. They gamble and want to win but they don't realize that they can't always win. The casino will be the winner.

When we lose, we will definitely blame the casino and cannot accept the loss and that is normal. But if we can think clearly, we shouldn't blame the casino because that is a risk in gambling. We will experience more and more losses, especially if we go all-in.

That's why when playing gambling, we have to be able to position ourselves well so that we don't experience a lot of losses. We have to control how much money we use. When we can do that, we won't experience as many losses.
hero member
Activity: 966
Merit: 519
April 13, 2024, 07:33:06 AM
This is the normal thing with such games, at first you will win a number of times and there after you begin on a losing trend immediately after you increase your amount of strings.


I use to play those card games sometime and I win more when I chose the low, but when the string is on high, the chances of losing becomes extremely high.
sr. member
Activity: 616
Merit: 322
April 13, 2024, 06:28:42 AM
I was just playing Hi-Lo, making small dollar bets, if it's 5 number card I select higher card and win, if it's 10 number then I go with 'low' and win.

Then I was greeted with Ace card, minimal possibility for equal card right (i.e, Ace), so I go all in, and guess what happens, the result is Ace means I lost the bet.

Then I have all sorts of thoughts blaming casino, like do they manipulate the result of the game when user goes all in. I am sure they are all fair, it's just that the possibility of losing the game may be minimal but it's never 0.
In Hi-Lo game you need some strategy along with luck and also you must know the cards well and understand the values ​​of the cards. It is very easy to predict win and loss in this game but here if you lose you will lose the entire bet amount but if you win you will not win much amount. Because here the risk is very less. So this game of gambling is not much fun. I have played this game few times and won most of the time but this game did not give me much pleasure.
hero member
Activity: 602
Merit: 442
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April 13, 2024, 05:51:04 AM
The probability of a win or a loss in gambling is 50/50, which simply means that, noting is certain and absolutely anything can happen and personally I try to observe when greed is coming in whenever I’m playing a game, and this is because, greed is one thing that would make you do it take unnecessary risk you never budgeted for.
From your write up, it seems you already risked more than you could afford to lose because, reading from your intonation,it seems you never thought of a loss and you just hoped for a win and the reverse happened.

Gambling can be tricky most times that you might even think that, the casino isn’t truly fair but just as you already stated that they’re fair, then they’re fair.
hero member
Activity: 3024
Merit: 629
April 13, 2024, 05:44:08 AM
Then I have all sorts of thoughts blaming casino, like do they manipulate the result of the game when user goes all in. I am sure they are all fair, it's just that the possibility of losing the game may be minimal but it's never 0.
High expectation to win push you to question if it's provably fair just because you go all in and lose. That's not unusual for gamblers to think that way everytime we're in unfortunate situation. However keep in mind the risk when you started to use your money to bet.

You can never be certain, the reason why we should not expect to win because losing is inevitable even in a point that you're confident with the possible result that's why you go all in.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
April 13, 2024, 05:23:10 AM
Well, that's what happens when you are losing. It's always going to be biased towards yourself and not how it would work. I'm pretty sure that if you have played different games that are like this, it would be common to experience this. Maybe just lay back and not go all in. Even if it's on the "sure or high-chance" of winning" still manage your risk so you won't get emotional.

It is almost like a natural thing for people to try to deviate the blame on losing all that money to something external which they do not have control over. It does not only happen when comes to casinos and gambling in general, it also happens in other aspects of life, I think.
In the case of OP, we can only give some credit to the fact he managed to keep his head cool and did not end up lashing against the casino, I guess.

I have read many times before how people who lost when went all in believe the casino has rigged the game against them. One must wonder who those allegations would sustain themselves when comes to probably fair games or live casino.
hero member
Activity: 448
Merit: 560
Mia's Creative
April 13, 2024, 03:57:11 AM
Well, that's what happens when you are losing. It's always going to be biased towards yourself and not how it would work. I'm pretty sure that if you have played different games that are like this, it would be common to experience this. Maybe just lay back and not go all in. Even if it's on the "sure or high-chance" of winning" still manage your risk so you won't get emotional.
Like I always recon, most gambling activities are based on luck and sometimes luck isn't always on our side therefore making us lose. And a funny thing to note is how most gamblers are always confident some of their stakes will come out a win but unfortunately it doesn't always that way even in cases where they may have placed huge stakes hoping for bigger returns.
Therefore as a responsible gambler you should be able to manage both you funds and time. Now when it comes to fund management, a gambler should have a target maximum spending amount for every week. Meaning you should stop staking once you have hit that maximum amount. This would help you prevent unnecessary staking and thus help you control and manage the money you spend while gambling.
hero member
Activity: 3206
Merit: 607
Leading Crypto Sports Betting & Casino Platform
April 13, 2024, 02:52:01 AM
That's disappointing but we have to embrace what's happening with the results that we have as we gamble. Whether you all in or not but if it's about losing, you can't stop it if it's going to come to us.

A very good piece of advice for us to apply in every gambling game session that we will play is to have the right assumption that lucky opportunities are very difficult to come by so we must always be careful in risking money there, namely by betting only small amounts. If we lose, we have to be more alert. again and if you lose again then it's best to just stop so as not to harm ourselves too much.
Much better to set that expectation that luck isn't measurable and it just comes randomly to all of us. You'll never know if you're lucky this day and if so, then enjoy that moment because no idea when it will come to you again as you become lucky by that time.

And if you ever get to the all-inning and you're able to win, then just be grateful that luck is with you at that time and it's the time for you to think whether you should be looking at it again to do some all in, or you better set aside the profit that you've made and be happy with that gain.
hero member
Activity: 994
Merit: 529
April 13, 2024, 02:36:14 AM

The chances of losing a bet is always higher than that of winning and the mistake people make is thinking that it's vise versa. Because that's the only reason why someone will even consider the option of going all in. Another thing is greed, seeing the possibility of multiplying your bankroll in just one bet, and seeing that risk worth taking, well they should also be prepared for the disappointment that comes later because the chances of loss is there and they should know it.

That is a great truth, but I think people do it unconsciously because when they do it and they are in front of a casino, their chances of winning increase, or their thoughts grow too much towards the positive, and it may be that this thinking blinds them to reality and the reason for things, that is why we must always assume things with the true way of seeing this, games of chance, betting, we must always assume that first we will lose and second that we have to be very aware that how much money We are willing to sacrifice, it is not easy to lose money, that hurts, no one likes to lose money even if they have a lot.


In my opinion, the people you mentioned above are gamblers who are seriously addicted because they unconsciously lose control when they are in the casino so they continue to pursue opportunities to win by playing continuously without thinking about the big risks that await them.
That's right, if a gambler has thoughts like this then good things will seem bad and bad things will seem good to him and if left to drag on then the gambler often loses and is far from winning.
A very good piece of advice for us to apply in every gambling game session that we will play is to have the right assumption that lucky opportunities are very difficult to come by so we must always be careful in risking money there, namely by betting only small amounts. If we lose, we have to be more alert. again and if you lose again then it's best to just stop so as not to harm ourselves too much.
legendary
Activity: 2688
Merit: 1192
April 12, 2024, 05:49:14 PM
I was just playing Hi-Lo, making small dollar bets, if it's 5 number card I select higher card and win, if it's 10 number then I go with 'low' and win.

Then I was greeted with Ace card, minimal possibility for equal card right (i.e, Ace), so I go all in, and guess what happens, the result is Ace means I lost the bet.

Then I have all sorts of thoughts blaming casino, like do they manipulate the result of the game when user goes all in. I am sure they are all fair, it's just that the possibility of losing the game may be minimal but it's never 0.

This is the problem with most gambling in general and could distinguish it from other high risk stakes like altcoins. If you go all in and lose, often for not very great returns, you have lost your money. It also doesn't make much sense for the house to give you better than 50 / 50 odds in any betting situation, so you'll always stand a greater chance of losing and the casino a greater chance of winning. Over the long run this will wipe you out. Unless you're playing a skill based game, which has natural variance built in but your influence should sway you into profit over the long term, then you really never stand a chance and it is simply a determination of how fast you will lose your money.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
April 12, 2024, 05:43:22 PM

The chances of losing a bet is always higher than that of winning and the mistake people make is thinking that it's vise versa. Because that's the only reason why someone will even consider the option of going all in. Another thing is greed, seeing the possibility of multiplying your bankroll in just one bet, and seeing that risk worth taking, well they should also be prepared for the disappointment that comes later because the chances of loss is there and they should know it.

That is a great truth, but I think people do it unconsciously because when they do it and they are in front of a casino, their chances of winning increase, or their thoughts grow too much towards the positive, and it may be that this thinking blinds them to reality and the reason for things, that is why we must always assume things with the true way of seeing this, games of chance, betting, we must always assume that first we will lose and second that we have to be very aware that how much money We are willing to sacrifice, it is not easy to lose money, that hurts, no one likes to lose money even if they have a lot.
hero member
Activity: 2996
Merit: 808
April 12, 2024, 10:05:44 AM

Well said,  and it's a common reaction when things didn't favor you,  most of those gamblers who Yolo their bets and lose it have that mentality that they've been cheated or the system is being manipulate
 
Yes, Most people out of frustration from lose of their money through betting would always want to vent their anger on a casino or betting site which is bad. Such mentality is wrong and uncalled for. You know the risk involved in gambling so why do it in the 1st place, then when things go wrongly they'll start coming up with excuses that their bet was being manipulated by the casino or betting site. My question is that had it been they won their game would they had said such?


Not most gambler do this but I agree that there’s a lot of cases which user vent their anger against the casino. We can use the scam accusation board here in the forum as example to look for user that doing this exact description yet their number is not equivalent to the majority of gamblers which means there are just some user that doing this. Only sore losers usually done this since I never vent my anger to anyone when I lose because it’s my decision and call that makes my bet lose.

Quote
My advise to them is that instead of having that mentality of being cheated when they lose, they should come up with a better betting strategy or quit betting for a while.

Sore loser is always be a sore loser. It’s very hard to change their thinking because everything that bad happened to them will need to be blamed to others despite they are the one who do it.
hero member
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April 12, 2024, 09:53:27 AM

Well said,  and it's a common reaction when things didn't favor you,  most of those gamblers who Yolo their bets and lose it have that mentality that they've been cheated or the system is being manipulate
 
Yes, Most people out of frustration from lose of their money through betting would always want to vent their anger on a casino or betting site which is bad. Such mentality is wrong and uncalled for. You know the risk involved in gambling so why do it in the 1st place, then when things go wrongly they'll start coming up with excuses that their bet was being manipulated by the casino or betting site. My question is that had it been they won their game would they had said such?
 My advise to them is that instead of having that mentality of being cheated when they lose, they should come up with a better betting strategy or quit betting for a while.
legendary
Activity: 2996
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Leading Crypto Sports Betting & Casino Platform
April 11, 2024, 02:18:43 PM
~
Casinos never manipulate a game because that game you play there in that particular casino can be played in another casino website and you can see the similarities.

I like your approach. Indeed, contrary to popular belief, well-known casinos never manipulate a game. That's what too many gamblers are missing: gambling platforms don't need to manipulate no game because they already have math playing on their side. They earn money thanks to the house edge and they don't need to risk their reputation manipulating a game.

Not well-known ones, on the other hand, situated on shady sites, do manipulate their games, a lot. Beware of them.

That's the problem with gamblers who are losing, they think something is fishy and it is being manipulated. For reputable sites like the online gambling sites that advertise here in the forum, they don't need to cheat to gain profits in their business. Yes, you are right, all they need is the house edge and for those who are losing, maybe the system is not favoring them but there will always be moments where we will feel that we are super lucky and cannot lose any bet that we make. It happens and with my 5 million times of bets, I have seen it a lot of times.
But because a lot of gamblers are not educated about how the house edge works, they will not understand this kind of thing.
Many times it has been said that gambling is way too risky, just that should make a gambler understand what he entered. It's not a charity, there will be losing streaks without a doubt and we must be ready for those in case it happens as early as the stage where we only began.

Well said,  and it's a common reaction when things didn't favor you,  most of those gamblers who Yolo their bets and lose it have that mentality that they've been cheated or the system is being manipulate,  though there's no one who can really say how fair it is but casino is a business and in orde to establish you need to gain your participant's trust, they rather to keep it that way instead of being tag as Cheaters and lose their clients.

More on how they will keep the services open and continue to receive a house edge from those gamblers who will use their services,  like what you mentioned, before stepping your foot into gambling you must remember the risk that you'll going to take, not a charity place that will allow you to succeed money but a money making system that will continue to take that house edge from you.
sr. member
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April 11, 2024, 06:54:36 AM
I was just playing Hi-Lo, making small dollar bets, if it's 5 number card I select higher card and win, if it's 10 number then I go with 'low' and win.

Then I was greeted with Ace card, minimal possibility for equal card right (i.e, Ace), so I go all in, and guess what happens, the result is Ace means I lost the bet.

Then I have all sorts of thoughts blaming casino, like do they manipulate the result of the game when user goes all in. I am sure they are all fair, it's just that the possibility of losing the game may be minimal but it's never 0.

It's really tough to go all in and lose, especially when you thought you would win. Remember, gambling always has a risk of losing, no matter how sure the bet seems. Good casinos and online gambling sites use special systems to make sure every game is fair and truly random. Make sure to play on sites that are officially checked and fair.
Fingers crossed that you have better luck next time!  Smiley
The chances of losing a bet is always higher than that of winning and the mistake people make is thinking that it's vise versa. Because that's the only reason why someone will even consider the option of going all in. Another thing is greed, seeing the possibility of multiplying your bankroll in just one bet, and seeing that risk worth taking, well they should also be prepared for the disappointment that comes later because the chances of loss is there and they should know it.
legendary
Activity: 3346
Merit: 1134
Leading Crypto Sports Betting & Casino Platform
April 11, 2024, 06:46:48 AM
~
Casinos never manipulate a game because that game you play there in that particular casino can be played in another casino website and you can see the similarities.

I like your approach. Indeed, contrary to popular belief, well-known casinos never manipulate a game. That's what too many gamblers are missing: gambling platforms don't need to manipulate no game because they already have math playing on their side. They earn money thanks to the house edge and they don't need to risk their reputation manipulating a game.

Not well-known ones, on the other hand, situated on shady sites, do manipulate their games, a lot. Beware of them.

That's the problem with gamblers who are losing, they think something is fishy and it is being manipulated. For reputable sites like the online gambling sites that advertise here in the forum, they don't need to cheat to gain profits in their business. Yes, you are right, all they need is the house edge and for those who are losing, maybe the system is not favoring them but there will always be moments where we will feel that we are super lucky and cannot lose any bet that we make. It happens and with my 5 million times of bets, I have seen it a lot of times.
But because a lot of gamblers are not educated about how the house edge works, they will not understand this kind of thing.
Many times it has been said that gambling is way too risky, just that should make a gambler understand what he entered. It's not a charity, there will be losing streaks without a doubt and we must be ready for those in case it happens as early as the stage where we only began.
legendary
Activity: 3514
Merit: 2246
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April 11, 2024, 04:05:55 AM
~
Casinos never manipulate a game because that game you play there in that particular casino can be played in another casino website and you can see the similarities.

I like your approach. Indeed, contrary to popular belief, well-known casinos never manipulate a game. That's what too many gamblers are missing: gambling platforms don't need to manipulate no game because they already have math playing on their side. They earn money thanks to the house edge and they don't need to risk their reputation manipulating a game.

Not well-known ones, on the other hand, situated on shady sites, do manipulate their games, a lot. Beware of them.
hero member
Activity: 2814
Merit: 734
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April 10, 2024, 09:08:27 PM
I was just playing Hi-Lo, making small dollar bets, if it's 5 number card I select higher card and win, if it's 10 number then I go with 'low' and win.

Then I was greeted with Ace card, minimal possibility for equal card right (i.e, Ace), so I go all in, and guess what happens, the result is Ace means I lost the bet.

Then I have all sorts of thoughts blaming casino, like do they manipulate the result of the game when user goes all in. I am sure they are all fair, it's just that the possibility of losing the game may be minimal but it's never 0.

It seems you got greedy when you decided to bet everything OP at that time, so suddenly you lost. You know in casinos that the house always wins; they may just let you win at the beginning, but you never win often. And you know that, right?

Also, that's not the only thing that happens to you; it often happens to other gamblers who also often play gambling in the casino. Of course, when they see that the gambler is thrilled with his game and they see that he has bet everything, that's it. They will lose it. Will they see that the gambler will think that they are really lucky and will suddenly bet all in and suddenly lose?
where this chances is always happening inside the casino in different gamblers.
Casinos do not have to let anyone win at the beginning to try to hook them up, the edge casinos have over the players is small, so there are many gamblers which can start their session earning some money, but the key is what happens afterwards.

Because instead of being grateful for the good luck they had, those people decide to keep gambling while they are hot, but eventually as the gambler keeps playing, the house edge will finally show its power and erode all of those profits until nothing remains.
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